Malaysia Airlines' new CEO focuses on cutting expenses, improving service

Malaysia Airlines' new MD and CEO Azmil Zahruddin told reporters Friday in Kuala Lumpur that the carrier will accelerate its "business transformation plan" with a focus on lowering costs while raising service standards.
MAS has performed well this year despite the global economic downturn, posting a record MYR876.3 million ($250 million) profit in the second quarter due to a massive MYR1.3 billion gain on its fuel hedges (ATWOnline, Aug. 11). Nevertheless, Azmil said reforms are "critical in ...